To calculate the risk-reward ratio:
1. Determine your entry price.
2. Set a stop-loss level (potential loss).
3. Set a take-profit level (potential gain).
Calculate:
- *Risk*: Difference between entry price and stop-loss level.
- *Reward*: Difference between take-profit level and entry price.
Risk-Reward Ratio = Risk / Reward
Example:
Entry Price: $100
Stop-Loss: $90 (Risk = $10)
Take-Profit: $120 (Reward = $20)
Risk-Reward Ratio = $10 / $20 = 1:2
This ratio helps evaluate trade potential and manage risk effectively.#RiskRewardRatio